Aberdeen announce they have over half the £10million funding in place for the first phase of the proposed £50m Kingsford development

Dons director Dave Cormack, chief executive of Saltire Energy Mike Loggie, as well as other businesses have invested

By Darren Johnstone

26th September 2017,8:15 am

ABERDEEN have revealed they have over half the £10million funding in place for the first phase of the proposed £50m Kingsford development.

That money would go towards building a new community sports hub and training academy ahead of the planned construction of a state-of-the-art 20,000 capacity new stadium six miles to the west of the city.

Pledges from Aberdeen director Dave Cormack, who is handing over £1m from his family trust, Mike Loggie, chief executive of shirt sponsors Saltire Energy, Bert McIntosh and other local businessmen has set the Dons on the way to hitting their initial target.

And should planning permission be granted by councillors next month, the club insist they will be ready to immediately start work on the plans.

US-based software entrepreneur Cormack, who made a substantial investment in the club in June, said: “My wife, Fiona, and I have been blessed financially and we are pleased to be able to play a role in delivering an exciting legacy for Aberdeen and Aberdeenshire at Kingsford.

“It’s important to stress that the funds from our Foundation are being gifted to the AFC Community Trust.

“They are only available for facilities which will benefit the wider community and not linked in any way to my own investment in Aberdeen Football Club.

“At Kingsford, the club has the capacity to bring its on-the-pitch and off-the-pitch operations together, to create a sporting campus with the opportunity for facilities which not only benefit the club but the local community as well.”

Long-term Aberdeen sponsor Loggie added: “With the new training facilities at Kingsford, AFC will be able to attract, develop and retain today’s and tomorrow’s talent to ensure the long-term success of our club which impacts positively on our whole region.”

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